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Bilfinger SE (CHIX:GBFD) Cyclically Adjusted PB Ratio : 1.29 (As of Jun. 05, 2024)


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What is Bilfinger SE Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Bilfinger SE's current share price is €41.50. Bilfinger SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €32.16. Bilfinger SE's Cyclically Adjusted PB Ratio for today is 1.29.

The historical rank and industry rank for Bilfinger SE's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:GBFd' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.77   Max: 1.35
Current: 1.34

During the past years, Bilfinger SE's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.33. And the median was 0.77.

CHIX:GBFd's Cyclically Adjusted PB Ratio is ranked worse than
55.37% of 1239 companies
in the Construction industry
Industry Median: 1.13 vs CHIX:GBFd: 1.34

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Bilfinger SE's adjusted book value per share data for the three months ended in Mar. 2024 was €32.040. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €32.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bilfinger SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bilfinger SE's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bilfinger SE Cyclically Adjusted PB Ratio Chart

Bilfinger SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.67 0.77 0.69 0.92

Bilfinger SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.91 0.84 0.92 1.15

Competitive Comparison of Bilfinger SE's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Bilfinger SE's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bilfinger SE's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bilfinger SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bilfinger SE's Cyclically Adjusted PB Ratio falls into.



Bilfinger SE Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bilfinger SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.50/32.16
=1.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bilfinger SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bilfinger SE's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=32.04/125.0381*125.0381
=32.040

Current CPI (Mar. 2024) = 125.0381.

Bilfinger SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 46.832 99.543 58.827
201409 43.125 99.823 54.019
201412 43.850 99.543 55.081
201503 44.876 99.717 56.272
201506 34.104 100.417 42.466
201509 31.946 100.417 39.779
201512 32.957 99.717 41.326
201603 29.910 100.017 37.393
201606 27.398 100.717 34.014
201609 37.300 101.017 46.170
201612 37.305 101.217 46.085
201703 36.192 101.417 44.622
201706 34.676 102.117 42.459
201709 0.000 102.717 0.000
201712 31.844 102.617 38.802
201803 29.881 102.917 36.304
201806 30.028 104.017 36.096
201809 29.532 104.718 35.263
201812 30.235 104.217 36.275
201903 30.270 104.217 36.317
201906 27.181 105.718 32.148
201909 28.455 106.018 33.560
201912 28.922 105.818 34.175
202003 27.909 105.718 33.010
202006 25.834 106.618 30.297
202009 24.940 105.818 29.470
202012 30.007 105.518 35.558
202103 31.091 107.518 36.157
202106 29.501 108.486 34.002
202109 30.056 109.435 34.341
202112 31.947 110.384 36.188
202203 32.785 113.968 35.969
202206 29.413 115.760 31.770
202209 28.681 118.818 30.182
202212 29.081 119.345 30.468
202303 28.931 122.402 29.554
202306 28.142 123.140 28.576
202309 29.378 124.195 29.578
202312 31.298 123.773 31.618
202403 32.040 125.038 32.040

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Bilfinger SE  (CHIX:GBFd) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bilfinger SE Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bilfinger SE's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bilfinger SE (CHIX:GBFD) Business Description

Industry
Traded in Other Exchanges
Address
Oskar-Meixner-Street 1, Mannheim, BW, DEU, 68163
Bilfinger SE is an international industrial services provider. It delivers customized engineering and services to customers in the chemical, pharmaceutical, energy, oil, and gas markets. Its product portfolio attempts to cover the entire value chain, from consulting and planning to installation and maintenance. Bilfinger has three operating segments: Engineering & Maintenance Europe, Engineering & Maintenance International, and Technologies. A majority of the sales are derived from Europe, with Germany being an important region for the company.

Bilfinger SE (CHIX:GBFD) Headlines

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